FL > Cantonment
Cantonment, FL 32533,1221 Lake Dr
Cantonment, FL 32533,1221 Lake Dr
Cantonment, FL 32533,1221 Lake Dr
Cantonment, FL 32533,1221 Lake Dr
Cantonment, FL 32533,1221 Lake Dr
Cantonment, FL 32533,1221 Lake Dr
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Realty Executives Gulf Coast

Realty Executives Gulf Coast

+1(251) 968-4300
Listed by Matthew Jones • KELLER WILLIAMS REALTY GULF COAST
$ 175,000
Est. payment | /mo

4 Beds

2 Baths

1,404 SqFt

Save
$ 175,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,404 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,404 sqft

Price per Sqft $124

MLS Listing ID 668562

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1971

Lot Dimensions 118x155

Property Sub-Type Duplex

Source Pensacola MLS

Property Description

This income-producing brick duplex in Cantonment, FL sits on nearly half an acre and brings in $1,995 per month in rental income. Each side features 2 bedrooms, 1 full bathroom, a spacious living area, a functional kitchen, a utility room, and a large covered back patio. The property backs up to trees, providing excellent privacy for tenants. Both units are currently tenant-occupied. Unit #37 (left side) rents for $1,050 per month on a lease through September 30, 2025. Unit #38 (right side) rents for $945 per month on a lease through December 31,2025. Water, sewer, and sanitation are paid by the seller and average approximately $175 per month. The roof was replaced in 2019, and the entire property was rewired with a permit in 2018. Recent updates include three new window A/C units for Unit #37 and a new A/C unit for the master bedroom of Unit #38, all installed in 2023. One of the water heaters was replaced in 2024. Please do not disturb the tenants. With steady income already in place and room to build additional value over time, this property offers a strong long-term investment opportunity. Additional photos and details are available upon request.

Location

State FL

County Escambia - Fl

Zoning Res Multi

Interior

Interior Features Ceiling Fan(s)

Heating Wall/Window Unit(s)

Cooling Wall/Window Unit(s)

Flooring Simulated Wood

Appliance Water Heater, Electric Water Heater, Refrigerator

Exterior

Parking Features 2 Space/Unit

Utilities Available Cable Available

View Y/N No

Roof Type Gable

Garage No

Building

Lot Description Interior Lot

Faces North on Hwy 29 to East on Old Chemstrand Rd, to North on Lake. Duplex on left hand side

Structure Type Brick

New Construction No

Others

Tax ID 131N301001004001

agent

Realty Executives Gulf Coast

Phone

+1(251) 968-4300

Address

3479 B Gulf Shores Parkway, USA

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1221 Lake Dr